Singapore: APB’s attributable net profit 65% up in Q1
Asia Pacific Breweries Ltd (APB) on Thursday announced a strong performance for the first quarter ended 31 December 2010. (more…)
In the Spotlight – Diageo dangles M&A as results disappoint
Diageo is openly seeking more acquisitions in emerging markets and might even have a pop at Jim Beam, but the bullish talk was not enough to crush investors’ disappointment at the drinks giant’s half-year results. Here, just-drinks examines the market reaction. (more…)
India. United Breweries’ Q3 net up 40 pct
Vijay Mallya-controlled United Breweries Ltd said its net profit rose by 40.26 per cent to Rs 29.82 crore in the third quarter ended December 31, 2010, over the corresponding period a year ago. (more…)
US: MillerCoors buoyed by cost savings in 2010
Cost savings have inflated full-year profits at the second largest brewer in the US, MillerCoors, as consumer demand for beer remained weak. (more…)
Uganda. Brand-building driving competition in beer sector
The increasing competition for market share in the local brewing industry has forced players to repackage their brands in a bid to appeal to a wider market. (more…)
Budweiser Budvar welcomes today’s standpoint of the Advocate General at the Court of Justice of the European Community
?esk? Bud?jovice, 3rd February 2011 – Today, the Advocate General at the Court of Justice of the European Community Verica Trstenjak has made public the standpoint in the case C-482/09 (preliminary ruling from the Court of Appeal, UK – interpretation of “acquiesced” in the community law and applicability of EU law during the national proceedings in Great Britain). (more…)
Molson Coors 4Q net declines as it sells less beer
Molson Coors Brewing Co.’s net income fell 51 percent in the fourth quarter as it sold less beer and dealt with rising costs for taxes, ingredients and fuel. (more…)
MillerCoors Posts Strong Profit Growth in 2010
Despite Soft Volumes, Fourth Quarter Premium Light Sales Trends Improved. Brewer Surpasses $500 Million in Annualized Synergy Savings Six Months Ahead of Schedule (more…)
Czech Beer: Big name brewers see sales drop, but small brands cite growth
The numbers aren’t official, but it appears 2010 was a big year for the small brewer – even as total beer sales took a significant hit throughout the country. (more…)
Commencement of Discussions for Operational Integration with Pokka Corporation through Reorganization in the Group
Sapporo Holdings Limited (the “Company”) hereby announces that the board of directors has resolved at a meeting today and the Company has agreed, to commence discussions with Pokka Corporation (“Pokka”), which became an equity-method affiliate of the Company at the end of September 2009, for the operational integration of the two companies through reorganization in groups. (more…)